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  • TSMC names Mii and Chin as new co-COOs in leadership shuffle

    Taiwan Semiconductor Manufacturing Co. (TSMC) appoints Y.J. Mii and Y.P. Chin as executive vice presidents and co-chief operating officers, setting the stage for their potential succession. Mii and Chin, with decades of experience at TSMC, will report directly to CEO C.C. Wei, as part of a strategic reshuffle within the company’s leadership.
    2024/02/29 17:35
  • Taiwan’s Liquid Bread Co. to close after 6 flavorful years

    Liquid Bread Co. (LBC), renowned for its American-style sandwiches and named among the "50 Best Sandwiches in Asia," will close its doors by the end of March. Since its founding in 2017, LBC has been a beloved spot for its diverse sandwich offerings. The announcement of its closure has sparked a wave of disappointment among patrons, with messages of gratitude and nostalgia flooding social media. Established by the founder of Purebread Bakery, LBC leaves a lasting legacy in Taipei’s culinary scene.
    2024/02/29 15:37
  • 台灣最頂!美式三明治「LBC」無預警停業 老饕全哭了

    曾榮獲「亞洲50間最佳三明治店」中,拿到台灣第一名的「Liquid Bread Co.」(LBC)即將在3月底結束營業。該店自2017年開業以來,以美式三明治聞名,受到大批顧客的喜愛。然而,近日,LBC無預警宣布將結束營業,消息一出,讓許多顧客感到不捨。
    2024/02/29 12:38
  • Yu Zong foods recalls snack after industrial dye scare

    Yu Zong Foods Co., parent company of the popular snack Hsia Wei Hsien, issued an apology after traces of Sudan III were found in their product. The contaminated batch, "Hsia Wei Hsien - Spicy Flavor," with expiry dates ranging from Sept. 8 to Oct. 2, 2024, has been recalled. Customers can apply for refunds or exchanges until March 31. Yu Zong Foods assured that only this specific batch was affected and pledged to enhance their supplier selection for food safety.
    2024/02/21 15:25
  • Tech leaders laud Hon Hai’s economic contributions at Gala

    Discover the success story of Hon Hai Precision Industry Co at its 50th anniversary gala dinner, where founder Terry Gou highlighted the company’s impact on employees and the community. Special messages from tech leaders like Tim Cook and Jensen Huang added to the celebration.
    2024/02/21 13:43
  • Taipower at risk of financial crisis without government aid

    Taiwan Power Co. (Taipower) faces a potential financial crisis by year-end without government aid or electricity price hikes, warned Minister of Economic Affairs Wang Mei-hua. An upcoming electricity price review may see rates for ultra-high-voltage users surge by over 10%. Wang emphasizes the need for discussion in the committee meeting and assures efforts to minimize impacts on the public. Taipower’s efficient management has helped curb price spikes and inflation, with plans in place for financial support and program development. Current electricity costs for major consumers stand at around NT$1.63, while Taipower’s generation cost, pre-tax, is NT$3.93, expected to surpass NT$4 post-tax.
    2024/02/20 13:10
  • Vietnamese agency faces fine amid travel payment dispute

    Taipei-based WinnER International Travel Co. has ceased services for a Taiwanese tourist group visiting Phu Quoc Island in Vietnam during the Lunar New Year. The company has retained the group’s deposit and continued to charge fees, citing a violation of contract rules by Mega International Travel Service, which had not made the agreed payment. WinnER International signed a contract with Mega International on September 12, 2023, and received a deposit of NT$700,000 on January 18, 2024. The dispute arose when the two sides could not agree on the service price, leading to WinnER International sending a notice to stop providing service on January 31, which went unanswered. As a result, WinnER International asked each passenger to pay an additional US$720 to continue the journey. The Kien Giang Provincial Tourism Administration has deemed WinnER International’s actions a violation of regulations and will penalize the company for not adhering to travel contract regulations.
    2024/02/16 11:08
  • Taipei taxi fares rise for Lunar New Year celebrations

    During the Lunar New Year holiday from Feb. 5 to Feb. 14, taxi fares in Taipei, New Taipei, and Keelung City will increase by an additional NT$30 per ride. Stickers with clear notices about the fare changes will be placed on the back of co-driver’s seats to inform passengers. Cab drivers are prohibited from refusing passengers or taking longer routes, and passengers have the right to inquire about the chosen route. The Taipei City Government Police Department has a hotline for reporting issues at (02) 2311-6409, or residents can dial 110. Other cities and counties, such as Taoyuan, Taichung, Tainan, Nantou, Changhua, and Kaohsiung, will also adjust their taxi fares, with an extra NT$50 per ride. In Hsinchu and Miaoli, fares will increase by 30% based on the original pricing scheme.
    2024/02/05 11:27
  • 別省這筆!熱水器安裝錯誤 1家3口CO中毒

    台中潭子發生一家三口一氧化碳中毒案件,救護車到場,屋主夫婦和女兒都出現頭暈,嘔吐不適,幸好意識都清楚,全部都送醫,導致中毒原因就是熱水器,安裝在外推陽台,又曬衣服導致通風不良,也沒有安裝強制排氣型熱水器。
    2024/01/31 19:34
  • EVA Air strikes deal with pilots ending strike threat

    EVA Air and the Executive Yuan have reached a four-point agreement, including wage increases for pilots and co-pilots, and a commitment not to strike until May 31, 2026. EVA Air recently gained the right to strike and announced two warning periods. The agreement also stipulates that EVA Air will not hire foreign pilots directly without approval from the Ministry of Labor and Civil Aviation Administration. The Taoyuan Union of Pilots emphasized that their goal is not to exercise dispute rights, but to foster cooperation, trust, and equality within the company.
    2024/01/29 11:11
  • US congressional leaders show Taiwan bipartisan support

    The U.S. Congressional Taiwan Caucus co-chairs, Republican Congressman Mario Diaz-Balart and Democratic Representative Ami Bera, are visiting Taiwan from Jan. 24 to Jan. 26, 2024. This marks their first visit to Taiwan in recent years, symbolizing their bipartisan commitment to Taiwan’s democracy. Their visit comes after Taiwan’s presidential election, celebrating the victory of Taiwan’s democracy. Diaz-Balart and Bera will meet with President Tsai Ing-wen, Vice President and President-elect Lai Ching-te, and Foreign Minister Joseph Wu. Talks are scheduled with Vice President-elect Hsiao Bi-khim and other Taiwanese political leaders. Both Diaz-Balart and Bera have been long-standing friends of Taiwan, often leading or proposing initiatives and bills supportive of Taiwan. The Congressional Taiwan Caucus is the largest secondary body in U.S. Congress relating to foreign affairs. Their visit reemphasizes the U.S. Congress’ support for Taiwan, following the 2024 presidential election and marking the 45th legislative anniversary of the Taiwan Relations Act. Taiwan’s Ministry of Foreign Affairs plans to deepen Taiwan-U.S. relations based on shared values and the U.S. Congress’s support.
    2024/01/25 13:52
  • TSMC eyes southern Taiwan for 1nm factory: report

    Taiwan Semiconductor Manufacturing Co. (TSMC) has emphasized that Taiwan is its primary base and is considering various locations for potential semiconductor factories. TSMC has expressed interest in collaborating with the Southern Taiwan Science Park for potential spots. Media reports suggested that TSMC planned to build a one-nanometer factory in the Science Park in Taibao City, Chiayi County. These reports cited anonymous sources and stated that TSMC proposed the need for a 100-hectare plot, with 40 hectares dedicated to an advanced packaging factory and 60 hectares for the proposed one-nanometer factory. TSMC has also disclosed its evaluation for expanding the two-nanometer production infrastructure and planning to establish three factories in Kaohsiung to meet the growing demand for their two-nanometer process.
    2024/01/22 17:59
  • 文策院「國際合作投資方案2.0」出爐 國際合作方案大升級

    為匯聚更多臺流出海、增加更多臺灣與國際的合作機會,文策院「國際合作投資方案 2.0」(Taiwan’s International Co-funding Program, TICP 2.0)正式出爐,以更貼近國際市場投資樣態、接近業者實際需求的方向,希望促成更具規模的投資案、支持多元題材作品之產製,增加更多臺灣與國際合作的機會、推動臺灣人才及作品站上國際舞台。
    2024/01/19 22:24
  • 傳本田汽車斥資逾4000億!加拿大「設新電動車廠」

    日本經濟新聞集團今天報導,本田汽車公司(Honda Motor Co)考慮在加拿大興建一座電動汽車廠,這項計畫將耗資近138.3億美元(新台幣4326億元),可能包括自製電池。
    2024/01/08 09:28
  • 日本石川強震釀住宅財產損失 保險業估將理賠近2000億元

    根據美國災難建模公司Karen Clark & Co(KCC)的估計,日本毀滅性地震造成的保險損失可能達到64億美元(約新台幣1982億元)。
    2024/01/06 16:44
  • TSMC leads market surge amid global downturn

    Taiwan Semiconductor Manufacturing Co. (TSMC) leads Taiwan’s stock market with expectations of over 20% annual revenue increase. TSMC’s stock price stabilizes, opening at NT$580, raising market capitalization to NT$15.03 trillion. In contrast, major U.S. indices closed negatively on Wednesday. TSMC’s American Depositary Shares (ADR) decreased by 1.34%, closing at $100.17.
    2024/01/04 15:04
  • Convenience chain launches Sichuan peppercorn ice cream

    Discover a new winter ice cream flavor in Taipei, featuring vanilla and a Sichuan peppercorn oil infusion. This collaboration between a convenience chain and a spicy hotpot restaurant offers a sweet and numbing taste without intense spiciness. With winter ice cream sales reaching over a million units, this co-branding strategy could result in double growth. Primarily popular among customers over 40 years old, winter ice cream flavors tend to be richer compared to refreshing summer varieties. Explore the unique business opportunities and challenged consumer perceptions created by promoting ice cream during the winter season.
    2024/01/03 19:48
  • Lai, Hou, and Ko to face off in election debate today

    The 2024 presidential election in Taiwan will feature a live televised debate among the candidates, including Lai Ching-te of the Democratic Progressive Party, Hou Yu-ih of the Kuomintang, and Ko Wen-je of Taiwan’s People Party. The debate will consist of four rounds, including candidate speeches, media inquiries, inter-candidate questioning, and conclusions. Lai has criticized the KMT-TPP joint ticket and urged viewers to support him, while Hou has been preparing intensively for the debate to communicate his election concepts and political views. Ko has expressed his intention to question Lai on promoting Taiwan’s independence without U.S. government support. The debate will be co-hosted by Liberty Times Net and other media outlets and will be aired on Public Television Service, with Hu Yuan-hui serving as the host.
    2023/12/30 16:06
  • MOFA counters Ko’s remarks on Taiwan’s diplomatic allies

    Taiwan’s Ministry of Foreign Affairs (MOFA) has expressed concern over comments made by Ko Wen-je, Taiwan People’s Party presidential candidate, stating that they could potentially harm Taiwan’s diplomatic relationships and lead to misunderstandings. MOFA spokesperson Liu Yung-chien emphasized that there is no conflict between solidifying relations with allied countries and developing substantial relationships with non-allied nations. The foreign ministry’s approach is to contribute to both areas simultaneously, without prioritizing based on alliance status. Liu highlighted the vital support received from allies over the years, which has helped Taiwan participate in international organizations and advance its causes. He expressed gratitude for the moral courage and vocal support shown by these allies, and stated that any possible misunderstanding sparked by Ko’s remarks is not something the people of Taiwan wish to see. In a podcast interview, Ko remarked that the number of diplomatic allies had been misperceived, suggesting that Taiwan would still fare well even if the number went down to zero. Ko emphasized the importance of substantial relationships, citing Taiwan’s positive relationships with Japan and the U.S., despite the absence of formal diplomatic ties.
    2023/12/28 17:15
  • Chunghwa Express to discuss bonuses amid labor disputes

    Chunghwa Express Co. is set to discuss performance bonuses and collective agreements at an upcoming board meeting in an effort to resolve ongoing labor disputes and prevent potential strikes. The company’s union has warned of continued protests and strikes if a collective agreement is not signed, following a dispute over low wages and performance bonuses. Union members recently staged a sit-in protest at the campaign headquarters of a presidential candidate, leading to their forcible removal by riot police. The union hopes that a collective agreement can be reached promptly to protect employee rights, but has declared that it will not accept the board’s consideration of annual performance bonuses alone. If no resolution is reached, strike actions could disrupt check and document distribution at 1,400 local bank branches ahead of the Lunar New Year.
    2023/12/28 09:06
  • 繼台積電之後 三星美國廠也將延遲至2025啟用

    三星電子(Samsung Electronics Co.)在美國德州泰勒(Taylor, Texas)的新晶片廠量產計劃確定延遲,這可能再次打擊美國拜登(Joe Biden)政府提高國內半導體供應計畫。根據《首爾經濟日報》報導,引述三星晶圓事業部總裁崔時榮(Choi Siyoung)在舊金山的演講內容,這個投資170億美元的新廠將延後到2025年,才會開始大規模生產。
    2023/12/27 15:58
  • KMT candidate’s wife clarifies building ownership

    Jen Mei-ling, wife of Kuomintang’s (KMT) presidential candidate Hou Yu-ih, clarified that a building being claimed as their own is actually a legacy from her father and not part of Hou’s property. The building has become a topic of discussion in the upcoming 2024 elections due to its high rent and proximity to Chinese Culture University. Jen stated that the property has over 50 vacant houses, which will be used to provide rent subsidies for low-to-moderate-income families and young students through donations. After the leases expire in June 2026, the plan is to convert the property into social housing for the youth and communal accommodations for rent. Initially, the building was leased and managed by Shin-Kong Life Real Estate Service Co., Ltd., with rental prices determined by Shin Kong Life Insurance. Jen announced that the vacant apartments will be subsidized for young families with an annual income of less than NT$1.33 million and a per capita monthly income below NT$56,000. Existing tenants can also apply for the subsidy, with rates of NT$6,400 for single rooms and NT$7,000 for two-person rooms per month. In her public letter, Jen addressed the accusations, highlighting Hou’s integrity during the election process and apologizing for the family issue.
    2023/12/27 15:10
  • TSMC advances with construction of Kaohsiung factories

    Taipei (TVBS News) - Kaohsiung Mayor Chen Chi-mai has announced that Taiwan Semiconductor Manufacturing Co. (TSMC) is making progress on schedule with the construction of its first factory in Kaohsiung. The second factory has also received the necessary license, and administrative procedures are underway. The city government has ensured that Kaohsiung has ample water and electricity supply, as well as available land. Plans are in place for a reclaimed water plant and the promotion of green electricity. The government is fully committed to assisting in the development of the industrial park, including urban planning, transportation improvements, and collaborations in talent training. Kaohsiung City Government is closely cooperating with TSMC to expedite the realization of the company’s advanced processing facilities.
    2023/12/27 10:30
  • Ko slams DPP for inaction despite claims of self-reflection

    Taipei mayoral candidate Ko Wen-je of the Taiwan People’s Party (TPP) criticized the Democratic Progressive Party (DPP) for their lack of action despite claiming self-reflection during a morning canvassing walk. Ko’s comments were in response to remarks made by DPP vice-presidential candidate Hsiao Bi-khim during a Central Election Committee (CEC) policy presentation. Hsiao had acknowledged that some DPP members had made errors and forgotten their original intentions, which the DPP government must bear. Ko clarified that while Hsiao suggested that the DPP is already implementing his policies, the crucial difference is that the DPP talks without acting, whereas the TPP takes action. Ko also evaluated his running mate Cynthia Wu’s performance, deeming her steady, and emphasized that the TPP is committed to serious policy discussions rather than treating presentations as mere call-in shows to fill time.
    2023/12/23 11:06
  • Lucky 150 millionth rider of Taoyuan MRT to win free TPass

    The Taoyuan Airport MRT has reached a significant milestone, with the announcement that the 150 millionth passenger will receive a free yearlong TPass, valued at NT$14,400. Since its launch over five months ago, the 1200 TPass has been widely used in the Greater Taipei Area and Taoyuan, with a record daily ridership of 106,000 passengers in November. The lucky 150 millionth rider and five accompanying passengers will enjoy unlimited travel in northern Taiwan. To accommodate the increasing number of passengers, Taoyuan Metro Co. has upgraded turnstile equipment and will introduce additional commuter and express trains. These improvements demonstrate Taoyuan Metro Co.’s commitment to enhancing the travel experience for its users.
    2023/12/20 20:05
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